News

Lloyds Launches Parametric Policy for Hotels Market

The new solution uses a “parametric” trigger, so a customer is automatically indemnified if any unforeseen event leads to reduced profits. This is the first policy developed by Lloyd’s Product Innovation Facility, which was launched […]

Emerging Risk

GlobalData Sees Travel Insurers Take a Knock After Monarch Collapse

The disruption of Ryanair flights was one of the biggest shocks the airline industry  experienced in 2017, however the collapse of Monarch Airlines arguably superseded this, with over 750,000 holiday bookings being cancelled. Monarch’s demise was […]